Economy

The 8 MOST CORRUPT ‘CHARITIES’ In The United States

Millions of Americans are being ROBBED of the money they donate every year to charities in support of a cause close to their hearts.

Charities receive millions of dollars every year from generous donations that come in from around the country. Americans believe their donations are going to a good cause which in turn makes them feel good about helping others in need. Especially when these charities support a cause someone can personally relate to such as cancer or child-focused charities.

Unfortunately, that is not the reality behind many charity organizations scamming the country.

Kids Wish Network and the Children’s Wish Foundation International are among the top 3 charities that decided the money donated to their charities is better spent on fundraising, soliciting, and of course paying their outrageous salaries. Instead of going to the children and families in time of serious need.

Courtesy of a report by TampaBay.com, in a collaboration between the Tampa Bay Times and the Center for Investigative Reporting, here are America’s most corrupt charities. While it’s a general belief in the world of non-profits that no more than 35% of donations should go to fundraising, these groups go above and beyond, sometimes funneling as much as 83% of their cash into the pockets of solicitors.

8. National Veterans Service Fund

7. International Union of Police Associations, AFL-CIO

6. Breast Cancer Relief Foundation

5. Firefighters Charitable Foundation

4. American Breast Cancer Foundation

3. Children’s Wish Foundation International

2. Cancer Fund of America

1. Kids Wish Network:

Every year, Kids Wish Network raises millions of dollars in donations in the name of dying children and their families. Every year, it squanders almost every penny. The money gets diverted to enrich the charity’s operators and the for-profit companies Kids Wish hires to drum up donations. Sick children wind up with less than3 cents of every dollar raised. That has been the formula for 16 years, ever since Kids Wish mimicked the respected Make-A-Wish Foundation and launched its relentless drive for money. In the past decade alone, Kids Wish has channeled nearly $110 million donated for sick children to its corporate fundraisers. That makes it the worst charity in the nation, according to a Times/CIR review of charities that have steered the most money to professional solicitation companies over time.

Although understandably some portion of the proceeds are used to pay organization staff and fundraising costs, this amount is far higher than is morally acceptable.

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